Dr. Yandle’s Quarterly Economic Update: The 2013 Economy

Where is the U.S. economy headed and why is it operating so slowly? As we approach the end of 2013, the economy, as conventionally measured, operates well below its full employment potential. Prospects for GDP growth are improving, but major uncertainty regarding monetary, fiscal, healthcare, immigration, and regulatory policy places many decision makers on the sidelines.

For an exploration of the economic situation and more, the Mercatus Center at George Mason University invites you to join Dr. Bruce Yandle as he presents a year end, quarterly economic commentary and discusses the outlook for the year ahead.

This presentation will:  

• Examine current data on the economy’s performance as seen in GDP growth, housing, manufacturing, banking, and employment data. 
• Describe the results of Federal Reserve actions to stimulate the economy. 
• Report on a search for some 8.3 million workers who have dropped out of the labor force. Where are they? What are they doing? Will they return? 
• Focus on the rise of the underground economy and how it seems to be expanding. How is it measured? How big is it? 
• Discuss the outlook for the year ahead. 

Space is limited. Please register online for this event. The event is free and open to all congressional and federal agency staff. This event is not open to the general public. Food will be provided. Due to space constraints, please no interns. Questions? Please contact Erin Connolly, Events Associate, at econnolly@mercatus.gmu.edu or (703) 993-9913.